The BCR calculations give the same result using both annual series and present values, and give the
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The BCR calculations give the same result using both annual series and present values, and give the same result irrespective of lifespan considered. Why should this be, when PW calculations require the same lifespan for alternatives? Why doesn’t this idiosyncrasy of PW carry over to BCR when present values are used in the BCR calculations?
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Infrastructure Investment An Engineering Perspective
ISBN: 9781466576698
1st Edition
Authors: David G. Carmichael
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